This compound is primarily utilized in pharmaceutical research and development, particularly in the study of neurological and psychiatric disorders. Its unique structure makes it a valuable candidate for investigating potential treatments for conditions like depression, anxiety, and other central nervous system-related diseases. Researchers explore its interactions with specific receptors in the brain to develop novel therapeutic agents. Additionally, it may serve as a key intermediate in the synthesis of more complex drug molecules, contributing to advancements in medicinal chemistry. Its application is largely confined to preclinical studies, where its efficacy and safety profiles are rigorously evaluated.